Cardo acquires leading control engineering company
Cardo acquires leading control engineering company Cardo's business area Pump has signed an agreement on the acquisition of all shares in Swedmeter AB, one of Scandinavia's leading companies in the field of control engineering for water treatment processes etc. The company has a turnover of approximately SEK 30 million and employs 26 people. Takeover will occur at the turn of the year. Swedmeter, which is a privately owned company, began operating in 1980 and is situated in Täby just outside Stockholm. The company manufactures and markets standardized products for purposes such as level and